Fixed Asset categories are used to correctly classify assets in the system. Selecting a category ensures that assets with similar characteristics are recorded in a consistent way.
This helps simplify data entry, makes it easier to work with asset records, and improves reporting by allowing assets to be grouped and analyzed by type.
When creating a Fixed Asset, the Category field is mandatory.
If a category is not selected, the asset cannot be properly recorded.
In the FirstBit Software you are able to create and use Fixed Assets (FA) categories.
To access a list of FA Fixed Assets categories, go to Asset Management → Master Data → Fixed Assets Categories form.
FA Fixed Assets categories can be used to group of similar Fixed Assets with the same characteristics. You can create either a category group to organize multiple categories, or individual categories without grouping.
If you need to create a FA Fixed Asset Category Group as a parent folder:
...
At the category level.
At the group level .
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Reports on Fixed Assets can be generated both by category and for individual Fixed Assets, such as the Inventory Card and the Statement of Depreciation.
To do this, in the report Filters, in the Fixed Asset field, click the “+” (plus) button to add an object. In the new window, select the required category.
In the report, all Fixed Assets assigned to this category will be displayed.
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# FixedAssetsCategories#categoriesoffixedassets